Published: Friday August 10, 2012 MYT 3:55:00 PM
Mohamad Salleh withdraws application to replace bail amount with property
KUALA LUMPUR: National Feedlot Corporation Sdn Bhd (NFC) executive chairman Datuk Seri Mohamad Salleh Ismail who is charged with two counts of criminal of trust (CBT), involving RM49.7mil, maintained his bail of RNM500,000.
This followed his decision to withdraw his application to replace the bail with a piece of property, worth RM3.4mil, as collateral.
His lawyer, Y. Sheelan Samuagam, withdrew the application before Sessions Court Judge S.M. Komathy Suppiah, who sat in chambers Friday.
DPP Nur Azimul Azami Mohamad Nor told reporters that Sheelan Samuagam withdrew the application after the court found that the property involved Malay reserve land.
“The court does not accept Malay reserve land as collateral, so the lawyer withdrew the application and Mohamad Salleh's son, Wan Shahinur Izmir, remained as bailor,” he added. - Bernama
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